Open
» » » 05
15
Sep

7 Reasons to Lease a Used Commercial Truck

Share Us On:



Many companies and self-employed people throughout Canada require commercial trucks in order to facilitate their businesses. Truck leasing has become a common if not preferred financing option due to the many benefits it provides, but perhaps what is most intriguing is that more and more of these leases are for used trucks rather than new vehicles. With that in mind, let us consider seven reasons to lease a pre-owned vehicle rather than one fresh off the line. Avoidance of Significant Depreciation Among the most daunting aspects of owning new commercial trucks is depreciation. Your new truck depreciates the moment you sign on the dotted line. A used truck, on the other hand, has already undergone that initial depreciation and is now just subject to the year-to-year devaluation. It’s worth mentioning that commercial truck leasing and vehicle leasing, in general, do account for depreciation to some degree but certainly not all of it, and since there’s less value to lose, that lesser amount is reflected in the cost as well. Relaxed Credit Standards Credit standards are something that all businesses and…

Read More
0
Comment


22
May

4 Common Questions And Answers About Leasing A Truck

Share Us On:



If you are planning on leasing a commercial truck and have some questions, don’t worry, you are not alone and you are likely not the first. Investing in a commercial truck is a big endeavour, involving a considerable amount of money and risk and you want to be sure that you have all of the necessary information going into it. Below are four of the most common questions that first time leasers have about truck and trailer and commercial truck leasing. What is a full-service lease? Some financing companies will offer you additional fleet management services and options that can then be rolled into your monthly payment on your lease. A number of items, such as brakes, glass, tires etc., are usually only given to you once during the life of your vehicle. Whenever something needs to be replaced, it’s on you. A full-service lease will typically cover the cost…

Read More
0
Comment


15
May

Your Guide To Construction Equipment

Share Us On:



If you are thinking about starting your own construction business, there are some common pieces of machinery that you might not have been aware of. They each come with their own construction equipment financing needs, and they could end up proving integral to the success of your business. Below is your guide to some of them. Excavators These large pieces of common equipment are either on wheel or on tracks, and usually have a long bucket arm attached to a pivoting cab, which is capable of rotating 30 degrees. The operator of the excavator sits in the cab and controls the machine from there. They are most commonly used for digging application, but also for lifting heavy prefab pieces like pipe, as well as other smaller pieces of equipment. Bulldozers These are some of the strongest, as well as the most reliable pieces of heavy machinery in the construction industry,…

Read More
0
Comment


8
May

4 Navigation Tips For Truck Drivers

Share Us On:



As a truck driver, a large portion of your time is going to be spent on the open road, going from point A to point B and you are going to have to know where you are going. Being able to navigate is key for a commercial truck driver, and just because you have received your commercial truck loan, does not mean you now know how to navigate. It takes time and practice to learn the basics. Below are four navigation tips to get you started. Don’t use GPS, maps, or apps meant for the general public The difference between navigating a car and navigating a commercial truck is huge. Most of the roads, bridges, overpasses, etc. are built to accommodate the weights and dimensions of cars, pickups, minivans and SUVs. With tractor trailer setups, many overpass clearances are too low, and a lot of municipal roads don’t allow certain…

Read More
0
Comment


1
May

How To Start A Trucking Company

Share Us On:



Many people spend their entire lives dreaming and fantasizing about owning their own business. Being your own boss, setting your own hours, taking vacations when you want, spending time with your family when you want. It all sounds pretty appealing, doesn’t it? Starting your own trucking company can provide all that freedom and more, but it comes with some special considerations you should know about, including ones surrounding heavy equipment loans and other financing issues. Below is some guidance that could help you if you are looking to start a trucking company. Getting the right equipment The first and most important step if you are starting your own trucking company is making sure that you get the right equipment. The trucking industry can be very profitable, but it is also highly competitive. Getting equipment is going to be the first, and perhaps the most expensive decision you make. Trucking equipment…

Read More
0
Comment


Recent Posts